Envest secures financing

Photo of author

By Ted Liu

Envest Corp, an independent power producer specializing in the financing, development, ownership and operation of mid-market energy infrastructure projects in North America, has raised $2.26 in secured debentures from 44 Ontario, BC, Alberta and Manitoba private investors.

Richardson GMP Limited acted as placement agent and Wildeboer Dellelce LLP served as legal counsel.

Toronto based Envest focuses on delivering private utility energy to industrial, commercial and government customers. The company continues to build a portfolio of cogeneration facilities (primarily combined heat and power from renewable and natural gas sources) to add to its active Canadian business operations.